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- 01 Mar 2024, 10:49
- Forum: IFRS-related topics
- Topic: Cash cheques accounting under IFRS
- Replies: 1
- Views: 313
Cash cheques accounting under IFRS
Hello everyone! I need help understanding how to account for cash cheques for rent under IFRS. The story behind: to enter a lease agreement in the UAE for two years, the lessee would have to issue eight cash cheques (quarterly payments) in advance with a future date, once the agreement is signed. Th...